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Global Automotive Test Equipment Market - Forecasts to 2026

Global Automotive Test Equipment Market

Global Automotive Test Equipment Market

As per the research conducted by GME, the Global Automotive Test Equipment Market will grow with a CAGR value of 4.57%, to hit 3.81 billion USD by 2026 from USD 2.71 billion in 2021. Some of the primary driving forces for the automotive test equipment market include, the growing demand for safety and comfort features has urged automotive suppliers and OEMs to engage in R&D to ensure that electronic components are adequately tested and that they comply with government norms and regulations

Browse 155 Market Data Tables and 115 Figures spread through 185 Pages and in-depth TOC on “Global Automotive Test Equipment Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/automotive-test-equipment-market-3326

By Product (Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test System, Wheel Alignment Tester); By Application (Handheld Scan Tool, Mobile Device-Based Scan Tool, PC/Laptop-Based Scan Tool); By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle); By Region (North America, Europe, Asia-Pacific, Central & South America, Middle East & Africa); Competitive Landscape Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• The chassis dynamometer segment is expected to hold the largest market share during the forecast period as per the product outlook owing to rising demand for low-cost manufacturing process and an increase in the number of automobile manufacturing plants in emerging countries
• The PC/laptop-based scan tool is expected to hold the second-largest share of the market in terms of revenue during the forecast period as per application outlook
• Asia Pacific region is expected to hold the lion’s share and will also be the fastest-growing segment in the automotive test equipment market.
• Millbrook Proving Ground; Siemens; Robert Bosch GmbH; Continental AG; SINFONIA TECHNOLOGY CO., LTD.; DSA Daten- und Systemtechnik GmbH; MTS Systems Corporation; DENSO CORPORATION; Delphi Technologies; Honeywell International Inc.; ACTIA Group; ABB; Softing AG; SGS SA; Vector Informatik GmbH; Horiba; TÜV SÜD; Racelogic; PTM Electronics; Sierra Instruments, Inc.; MAHA Maschinenbau Haldenwang GmbH & Co. KG; CME; Intelligent Technology Co., Ltd.; and MOOG INC., among others are the leading players in the automotive test equipment market.
• In March 2020, In the Philippines and Laos, Actia developed vehicle inspection centers with test benches for heavy commercial vehicles, light cars, and motorbikes.

Browse the Report @ https://www.globalmarketestimates.com/market-report/automotive-test-equipment-market-3326

Product Outlook (Revenue, USD Billion, 2021-2026)
• Chassis Dynamometer
• Engine Dynamometer
• Vehicle Emission Test System
• Wheel Alignment Tester

Application Outlook (Revenue, USD Billion, 2021-2026)
• Handheld Scan Tool
• Mobile Device-Based Scan Tool
• PC/Laptop-Based Scan Tool

Vehicle Type Outlook (Revenue, USD Billion, 2021-2026)
• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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